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Norwegian Cruiseline Holdings (NYSE: $NCLH)

Norwegian Cruise Line Holdings Ltd. (NYSE: $NCLH)

Norwegian CruiseLine Holdings Ltd. is a global cruise company that operates under various brands, including Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The company boasts a fleet of 29 ships, offering approximately 62,000 berths to passengers.

These brands provide a wide array of enticing itineraries that span across destinations like Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, Alaska, and Hawaii.

Each brand offers a unique set of features and amenities, ensuring a memorable cruise experience. Passengers can choose from a diverse range of accommodations, enjoy multiple dining venues, relax in bars and lounges, indulge in spa treatments, try their luck at the casino, and explore retail shopping areas.

Entertainment options are abundant, catering to various tastes and preferences. Moreover, all the brands provide a selection of shore excursions at each port of call and offer hotel packages for pre or post-voyage stays.

Norwegian’s ships, in particular, stand out with their impressive selection of up to 28 dining options, while Oceania Cruises prides itself on its onboard dining experience with multiple open-seating dining venues.

Across Norwegian, Oceania Cruises, and Regent fleets, passengers can choose from a mix of staterooms, suites, and villas, catering to different preferences and budgets.

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Norwegian Cruiseline Holdings stock outperforms competitors on strong trading day

On Tuesday, shares of Norwegian Cruise Line Holdings Ltd. (NCLH) saw a 1.20% increase, closing at $15.14.

This occurred during a trading session marked by mixed performance across the stock market, with the Dow Jones Industrial Average (DJIA) edging up by 0.04% to 33,997.65 and the S&P 500 Index (SPX) experiencing a slight decline of 0.01% to 4,373.20.

Notably, this marked the second consecutive day of gains for NCLH. The stock wrapped up the day at a level $7.61 below its 52-week high of $22.75, which it achieved on July 12th.

In comparison to some of its competitors on Tuesday, NCLH outperformed as Walt Disney Co. (DIS) recorded a 0.57% rise, closing at $86.20, and Carnival Corp. (CCL) experienced a 1.13% increase, ending the day at $12.50.

The trading volume for NCLH was 10.0 million, falling short by 1.8 million compared to its 50-day average volume of 11.9 million.

Norwegian CruiseLine Holdings adds nearly 1,000 cabins for solo travelers

Solo travelers embarking on cruises are in for a treat as Norwegian Cruise Line is set to expand its offerings with nearly 1,000 dedicated staterooms designed for individual passengers across its entire fleet.

These new accommodations, known as Solo Inside, Solo Oceanview, and Solo Balcony cabins, are slated to be available for sailings commencing on January 2, 2024, and beyond.

While select ships have already opened these staterooms for sale this week, they will progressively become more widely accessible over time.

David J. Herrera, the president of the cruise line, stated, “We strive to provide our guests with diverse offerings to create their dream vacation. Since we first launched our solo staterooms in 2010 with Norwegian Epic, they have been quite popular with single travelers.”

Herrera emphasized that this expansion is a response to the growing demand for solo travel and a testament to the cruise line’s commitment to meeting the desires of their guests.

The availability and pricing of these dedicated solo staterooms will fluctuate depending on the destination and demand.

However, a spokesperson from the cruise line mentioned that guests who opt for these accommodations can typically expect to pay less than they would for a traditional double occupancy room.

For instance, on a week-long Alaska cruise departing from Seattle on April 6, 2024, a Solo Balcony cabin starts at $1,799 for a single guest, while a regular Balcony cabin begins at $1,997, as per information available on the line’s website.

Norwegian Cruise Line is not the only one investing in solo cabins. Oceania Cruises, which is also a part of Norwegian Cruise Line Holdings Ltd., introduced six dedicated veranda staterooms for solo travelers on its new ship, Oceania Vista, in May.

In 2022, this luxury cruise line also unveiled solo oceanview staterooms on four of its smaller ships.

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